MNI China Daily Summary: Thursday, Dec 5

MNI: UK NOVEMBER CONSTRUCTION PMI 55.2 (FCST: 53.5); OCT 54.3

MNI: EUROZONE NOVEMBER CONSTRUCTION PMI 42.7 OCT 43.0

MNI BRIEF: China Construction Output Slows In November

MNI: PBOC Net Drains CNY153 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Lower At 7.1879 Thurs; -1.82% Y/Y

MNI: EUROZONE OCT RETAIL SALES -0.5% M/M, +1.9% Y/Y

MNI: FRANCE OCT INDUSTRIAL PRODUCTION -0.1% M/M, -0.6% Y/Y

MNI: GERMANY OCT FACTORY ORDERS -1.5% M/M

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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Kremlin-No Talk Of Biden/Putin Summit For Time Being

RUSSIA

Wires carrying comments from Kremlin spox Dmitri Peskov. States that there is no talk of a summit between President Vladimir Putin and US President Joe Biden 'for the time being'. On the war in Ukraine says that Moscow welcomes any efforts for peace in Ukraine, adding Kyiv 'scrupulously fulfills the directives of West'.

  • Confirms that Putin held a call with Turkish President Recep Tayyip Erdogan. Comes after Russia confirmed that it will not 'cut off' the Black Sea Grain Initiative, brokered by Turkey and the UN, that allows the export of grain from Ukrainian and Russian ports on the Black Sea. Russia attempting to get exports of fertiliser added to the deal, but this is yet to be agreed to.
  • On the Swedish investigation into the Nord Stream gas pipeline explosion, which investigators say was sabotage, Peskov states that 'Russia will wait until a full damage assessment is done before deciding on repairs, if any.'
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EM BulletHomepagemarkets-real-timePolitical Market NewsPolitical RiskPolitical Risk BulletBulletEmerging Market News

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